VelocitySharesTM 3x Long Crude Oil ETN
UWT8.77
0.25 (3.00%)
NYSEArcaUPDATED Dec 31, 2018 7:56 PM EST
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UWT
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$UWT There's a lot of early bullish sentiment so far this evening. Remember, it's fun to play, but don't bet the farm...
$UWT total money to be trapped in the past 2 months could be more than billions dollars... That is all motherfuckers etf/etn holders want
$UWT in the past two months, a lot of traders got trapped above 30, then above 20, then above 15, then above 10, and could be above 5.
$UWT A lot of uwt traders believe uwt will bounce back. But, for me, it will go to hell later. I only buy it after reverse split.
$UWT trying to figure out future demands where it gets tricky and why even bother trying to figure that out just trade UWT and get out
$UWT not rocket science supply demand once demand outweighs supply price will rise works both ways now to much supply for current demand
$UWT anyone graduating with technical oilgas training such as petroleum engineering or geoscience, this past 4 years has been a nightmare
$UWT devil's advocate here...what if the big boys know about the production cuts in Jan and it's priced in already? They must know right?
Bullish
$UWT So much growth underway I do believe the world still runs on oil. Granted we have supply... I see 50+ wti in January Hodl or buying
$UWT $DWT $USO The past can often foretell the future..."The Market can remain irrational longer than you can remain solvent"...JMK...;-)
$UWT well since I was wrong about today trading green, let me be wrong about where she ends up...thinking 44.50 but after pit close...
$UWT so there its no manipulation just diff closing times and decay shows up when they roll this over at expiration. I hope I dont see
Bullish
$UWT 40 cents. So if you bought USW at oil 50 lets say for this to get back where you bought it oil should be at 50.40
Bullish
$UWT they start rolling 20 % over each day to the next month and thats where this decays. Last month when they did this you ve last like
Bullish
$UWT instrument ends and they have to relate this to the next month future price which is usualy higher. So around the end of the exp month
$UWT the UWT will show nothing. So there its no decay. Its just diff closing times. The decay appears when the month for the futures this
Bullish
$UWT when oil market opens will consider previous day close when showing gains or % and even if it shows a green 2% for example
Bullish
$UWT a 1.5 hours diff. between the two. Lately the oil ralied in that one hour and a half so UWT closed higher of course. Next day
Bullish
$UWT or that this should be 3.times higher and its not and so on. Oil closes at 2.30pm ET. and this UWT closes at 4pm so there its
Bullish
$UWT 1. For those who are new to oil trading and new to 3x oil instrument as I keep reading decay decay 10 times a day now on this board
$UWT pretty obvious they prices in the draw overseas only to set up the short for the report. Academic really, screws the little guy only.
$UWT I had anticipated a small break above 46 today. Still trading in that lower short term channel. No position today, waiting for new yr
Bullish
$UWT they should stop releasing api report as its a market manipulator tool and I could do better rolling dices... m0r0ns
Bullish
$UWT Realistically I think this could double (or more) by march. Is there much decay on this holding that long?
Bullish
$UWT is this a good dip to buy? Oil has to recover at some point even a little bit right? Or can this just crash even further? ....
$UWT It’s looking like simple supply and demand. We get another build this week I’ll bet that oil will be under $40 very soon
$UWT Oil prices are in the hands of US producers. Opec has agreed to lower production but US production forecasts to increase production
$UWT oil update: Brend took wti down early but have recovered all the gains since 7:18 but not wti as it is influenced by more traders + etf
$UWT OPEC cuts will be meaningless without US production cuts. US production is at record highs and with imports increasing oil will b low
$UWT Looks like oil will stay under $50 until inventory levels fall. Hopefully Report shows a much lower number than the API
$UWT I`ve been positive up to now crude can`t even break 47-50 not good! selling after jan.1 this is lame now better opportunities aroun GL
$UWT I was wrong the option manipulation in brend crude is not over yet but should before 230 today, I think I'm still thinking reversal!
Bullish
$UWT not looking good :( I’m about to fly.. don’t want to sell it can rebound above 8.1$ ? Any suggestions
$UWT ImTheJuggernaut No one is buying except deluded retail. And they’re taking losses at every dip with tight stops. Daily, hourly, 30 m
$UWT Till then, talk of "going long" and "bottom is in" seem to me more wagers than trading plans. But I'm an idiot so what do I know...
$UWT With all the excitement of what the cuts in Opec production in the new year is bringing, the sentiment will be an interesting watch.
$UWT Looks like if she breaks above 46, there may be a range tomorrow to scalp back and forth from 47. If not, ugly red into new years.
$UWT I hate how people coming in at the tail end of the down cycle come in touting 30$ oil like they've been shorting at since $75 / barrel.
$UWT t seems to good to be true🤔. Oil will eventually recover. Why isn't everyone buying? Am I missing something?
Bullish
$UWT Fri. could be perfect setup for longs we closed 8.80 today a mere 2% rebound in crude would put UWT above 9 buxs and set to run in `19
$UWT See how quick Oil followed the markets turn around ? New Year will bring big gains , better start getting your position in all oil .YW
Bullish
$UWT as far as political factors: Israel has been hitting Iran in Syria, what if Iranians hit back at Israel? will it affect the oil price?
$UWT The market seems to be pretty adamant that it is not responding to logical stimulus for the time being, so certainty is interesting
$UWT For those assuring that she goes to $50 next week, by what metric other than, hope, do you base that assertion on?
$UWT According to the diagram below, we will see more downturn. Use this to your advantage. This is a 20-day chart.
Bullish
$UWT all eyes on oil as oil goes so does the markt oil will be up watch if your long your on the right side of the trade bears wrong side
Bullish
$DWT $UWT $SPY did this mofo really cause a reverse yesterday just because he said “good time for investors” ! ... I’m pressed and confused
Bullish
$UWT if your complaining on RED days and your long STFU an just sell already who needs to read your daily bitchin grow up JMO
Bullish
$UWT back an fill trend slow grind higher into 2019 Don`t sweat pullback that`s how UWT will print 40+. It`s not gonna be green daily JMO
$UWT so opec in jan/ and i heard that saudis must do something to raise oil prices all they have to do is say something and it will soar
$UWT just like that trash dgaz uwt another pumped up saudi f job one day maybe when the poiticians STFU asshole political asswipes
$UWT not mines. I was thinking to sell a little and rebuy but not taking chances. Rode it from 12 and will ride it back up eventually
Bearish
$UWT Crude looks to be selling off in futures. Still see Crude as a sell/short. Should test at least $38 before any LT trend.
Bullish
$UWT great job to those who stuck with it. I cost averaged down a little this morning. Let's see what the new year brings. $12 average.
$UWT December 28 2018 at 11:00 A.M. and 1:00 P.M. due to the closure of the Federal Government on Monday December 24 and Tuesday December 25
Bullish
$UWT there`s no report due tonite dumb rumor "The Weekly Petroleum Status Report will be released on Friday, December 28, 2018 at 11:00 A.M.
$UWT $DWT One goes up 15% the other goes down 21%. What am I missing here they have always moved in opposite and equal directions from zero?
$UWT I’ve been telling you guys the last : days as I avg down that this will go up. Either the markets or production cuts. Oil can’t be <$40
Bullish
$UWT fact! it was getting to easy for bears to make money shorting in oil It works both ways when your a bullish remember that on the upside
$UWT maybe someone can tell me on a day when oil is up 2 50 and having its best day and this pos is up only 38 cents and its 3x!!!!!
$UWT it figures i buy this loser then it tanks but dwt runs up and when this hog goes up it only goes up pennys an it a 3x?? wtf
$UWT a really nice day for day trading. Time to make money...but be careful, holding holding overnight tends to be expensive. Good luck!
$UWT thers no stopping this what a Huge mistake it was to buy this at 11.94 i guess one day that would be considered cheap f the saudis
$UWT should not be using after hours closing crash price as current price point mrkt closed at 1pm that should be the opening price point
$UWT the correct price should be 8.22 1pm close + up 5% for price of 8.63 NOT the current 7.80 long we`re out a good 5% gain or .83! per shr
$UWT this should`ve been reset with the 1pm closing price we`ve been screwed royally need to make even bigger gains just to be par with 1pm
$UWT the reason why oil up and UWT down is the market closed at 1pm and UWT is using the after 1pm-4pm crash closing price talk about a mess
S&P oversold & due for bounce in Jan as gov shutdown & tax loss selling ends. Oil due for short-term bounce. In $UWT today (Wed) pre-market.
$UWT it was atleast quite around 50 for a while and were playing little bounce, so this time where does it do the same - 35/30/25?
$UWT US abruptly pulls troops out of Syria. Today there are missle strikes in the region. Middle East chaos (scary) usually makes oil go up.
$UWT DWT tanked to 8$ last Xmas and then $4 summer. Now $21. So UWT can go back despite decay. Same instrument opposite trade.
Bearish
$UWT viscous selling might continue as huge positions over leveraged are heading towards the exit door.Don’t be surprised by oil in the 30’s
$UWT Saudi Arabia will be looking for donations and gofunds to survive at this rate. Not sustainable longer term even with a major recession
$UWT I’ll need to wait to add. Goes below $7 will need to buy another 5000 shares. It’s looking more and more possible
$UWT i am sitting on 9000 k shares average 11.6 Don’t know what to do??? Take the lost or cut the lost???? Any idea would be helpful gents
$UWT after all the averaging down I'm still down 50% but very happy for this opportunity, why? I will double up my initial investment soon
$UWT could you imagine what it like for those fellows holding bags of this and $UGAZ a day before christmas? I hope they played the D's.
$UWT $DWT $USO And if they don't...then you're looking at that daily SRSI parity I've discussed on here countless times being extended lower
$UWT I can't tell you what to do, but if I were long, I would not buy the bounce when she reopens. This does not look to end soon.
Bearish
$UWT I don’t have the guts to hold short and won’t be looking to buy again until low 30’s so Merry Christmas!!!See you in Jan... in the 30’s
Bearish
$UWT not to create unnecessary fear folks but this could go to zero. Seriously if oil takes another 20% hit which is totally possible.
$UWT no drama we all know it`s gonna be volatile for a few more days/weeks thinly traded until after the new yr. if your weak sell now JMO
$UWT oil will rebound to 50-60+ we all now it whether your long or short only question up for debate is when will the rebound occur
$UWT I always enter a trade feeling confident about the outcome only difference this time I entered to early but the outcome will be a+
$UWT I started at 31 saying it can’t go lower...you know the rest...if WTI goes to the low 30’s, I will feel like JDST in 2016
Bullish
$UWT I`m down on avg 1k bux per day everyday last wk going to hold when hedge funds are over with redemptions oil will surge to 50-60 watch
$UWT never thought crude oil prices go below than $50 / barrel after OPEC's agreement and it's $45 now , who are selling this??? NOT HUMAN
Bullish
$UWT ok, reducing my bet by 75% and taking a small loss. We are close to the bottom but had my expectations set higher today. Cautious 🛢🤞
$UWT well....in the spirit of blaming everything for oil's drop...how long before Ginsberg's cancer is used as a crutch? Just sayin'
$UWT adding under $9. Waiting trump is talking . It’s just a matter of time. Trump saying now it’s the democrats fault
$UWT If government shuts down oil will be below $45. dow down -179 from positive earlier I think trump has no intention of signing
Bullish
$UWT oil closer to a bottom than a top buy and hold for +50 oil sooner rather than later. UTW a longterm buy and hold into 2019
Bullish
$UWT I think the many that expect a sudden crash will be surprised to learn that a sudden event can cause a 10% spike up (30% UWT). 🤠🚀🛢🍻
$UWT will add more under $45. I have way too many shares but will have no choice but too add. Feels like 2014 again
$UWT Brent oil is falling harder than WTI perhaps opec will announce Opec emergency meeting today. Would help both oil markets
$UWT hope is out there that govt wont be shut down but Trumps tweet storm this morning says otherwise. Going to be very long day
Bullish
$UWT Up today but down for the week. We will have a weekly bullish hammer and rally during the Christmas. Happy holiday folks 🤪🍷👍😎
$UWT $DWT $USO Not going to bother posting a chart today because you didn't listen at 70, at 64, at 58, at 50, so why listen now?...PARITY
$UWT comical 2 read .25 "rate hike" as cause for drop in oil.Just few of weeks ago they were talking about $100 oil. This"hike" wasexpected.
$UWT And I decided to buy this today. Very telling chart UWT has finished every week in the red since Oct 8th why would nxt wk be any diff?
Bearish
$UWT $DWT /ES is going down with the /CL GL Bulls out there that still believing in a reversal soon tomorrow’s action will tell a lot
$UWT LOL I think the second one applies to understanding the nature of how deadly UWT and the like can be, so don't come unprepared.
$UWT The second is a bit more...um...direct? ‘Be polite, be professional, but have a plan to kill everybody you meet.’
$UWT Think what you want about the fellow, Jim Mattis has some good advice which I think suits trading a 3x instrument.
$UWT little worried with no capitulation bottom. This might not be the v shape recovery I was expecting. But still in at a decent price
$UWT does anyone else find it interesting that peak price 2 months and subsequent crash to 45 coincides with date khassogi was killed.
$UWT Strange times when you scan over to the crypto chart and say to yourself, "you know...That looks like a safer bet."
$UWT red a green christmas bear flags on the screen, sideways till tomorrow as the computers have taken over after pit close?
Bullish
$UWT tomorrow will be like a new world and everybody will thrive with confidence 🙏😎🤠🤑🍻🛢🛢🛢🛢🛢🛢🛢🛢🛢🛢. Pumper? each, why not 😜🍻
$UWT How anyone reconciles current household debt with this crazy consumer confidence knows more about voodoo than I doo.
$UWT I had mentioned $45.70 late last night, but I didn't think it would get there this way. A lot of this is political BS.
Bullish
$UWT adding another 20K here and going long. I have a theory that soon folks will turn to oil for safety as the dollar decline...🤠🤑😎🚀
$UWT Legged out on my calls in my iron condor, then on the bounce managed to close the puts. Total profit around $10... Better than $-1750
Bullish
$UWT $CHK I'm buying... just have to have the conviction and discipline to sell the spikes when they come... History will repeat
Bullish
$UWT folks , if math add up to make sense ,year end Dow 23,000 point - hi 27,000 , reversal oil up should be played now . Good luck 😉
$UWT oh my, if it keeps up like this, today could be a fun day. You could keep playing the uppy downy for a tight profit! Good luck!
$UWT $DWT $USO I'm not sure if I told you yet...or maybe I already have, like 20 times, maybe more...PATIENCE...parity...it will come...;-)
Bullish
$UWT also folks , with the Dow being that beaten , l see oil with has major increase today to lift the market correction around noon .
Bearish
$UWT not so fast folks , always remember oil is the ultimate market mover , adding slowly but reverse split is on the radar .
$UWT The reason interest rates dropped so much was the economy needed a boost. Rising interest rates should show that economy has improved
$UWT $DWT $USO I always enjoy seeing those post “adding”, or “adding, its bottomed”, or “adding, its time”...piece of advice...PATIENCE..;-)
Bullish
$UWT shorts will start to cover Friday thru Monday to much risk who would want to risk that timeline basically a 4 day window
$UWT Saudi plan is also to take royal hostages and take them for 100 billion dollars. This is actually in their budget plans .
$UWT well...I sure was wrong about today. Still didn't look strong though, and now she's down 80 cents on the other side of the world....
$UWT suspect if oil keeps tanking there is something else here @ play.maybe big oil wants to shake/buy out &eliminate competitors.we'll see.
$UWT why is this performing so different that UWTIF today? Seems like they are supposed to do the same thing. Anyone can help?
$UWT not making any moves until this Fed announcement. Expecting a rate increase, but looking for language on the course of future hikes.
$UWT This is no different than the overall market right now; gains are very difficult to sustain on almost any instrument.
$UWT Exhale Rod, trading this in 2 accounts I doubled, then doubled again when it went into the 9's.... happy hunting y'all. ✌😎
$UWT Well, entered the day with this extremely oversold. So one would think if even neutral should see some type of bounce.
$UWT well, off to work. I don't like the way they're setting this up, I think we see $45's by end of day, but I hope I'm wrong. Good luck!
$UWT $DWT $USO Hope I'm wrong but I think we may be setting up to do the exact same thing we did between 50.50-53.50...but won't be as long
$UWT to be clear, I hope she does take off like a rocket...but say they have something else in mind? Perhaps a short hedge just in case...
$UWT ....Now, if the EIA is fair to good news....and WTI drops because maybe they're pricing it in right now...do you have your strategy?
$UWT Well thus far we have a bounce. I hope some of you who got caught yesterday have a chance to get out unscathed.
$UWT $DWT $USO Watching to see if we're just building another bear penannt in new range 45-48 or so like 50.50-53.50...needs pattern break
$UWT Just 2 years ago....roughly $26 a barrel. Declined in October! Recovered in June! 8 months recovering! No position now but just sayin’!
$UWT EIA will definitely report a build, but this will not go down unless the markets tank. Nothing to do with inv & more so market related
$UWT every day for seemly ever i feel like i read same article titled "oil prices tumble" pretty sure they just use a template at this point
Bullish
$UWT where my bulls at ?? To many puppies on here that don’t know what’s going on 9.60 entry. Let’s go to 11.00 over night
Thanks Mr. trump for making oil cheap. you planned this, because you are so smart. And Mexico will pay for that virtual wall $UWT $DWT
Bullish
$UWT be patient... big bounces always happen with sharp declines...especially in short time frames...will keep adding big with further drop
$UWT It will pop after the first of the year. Need to reduce storage evaluation to mitigate inventory tax for EOY.
$UWT don’t worry guys Goldman sach needs another year of free oil hedge. Once they are done buying they will jack it up again,we’ve seen all
$UWT Instead I thought I would be cute and lose $700 on a poor bet with $DGAZ before turning it around after seeing where the wind went!!!
$UWT Now having said that, I haven't the courage of my convictions whatsoever. I invested nothing in $DWT and squandered the opportunitylol
$UWT I just thought I would take a look at some similarities in the long term. Having lived through the last crash, this feels very similar
$UWT here again, the USA swimming in excess amount of crude oil and production at all time high & Cushing, Ok topped off. How to trade it?
$UWT uwt the ultimate FJ i wish the saudis death and hope that ugly saudi crown dunce reads this and his bf crooked buddy pres to
$UWT Welp... that'll teach me to chase down the rabbit hole. $10.55. I feel a spike to $12-$15 at some point tomorrow n taking profit.
$UWT have to watch the E&P equities. It foreshadowed this drop. Notice that equity didn't get clobbered. Interesting where we go from here
$UWT a yak head talking on the radio today expects that LS Crude to appr. $42.50 a barrel. Gas prices down to$1.69,$1.79, now.
Bearish
$UWT CL IS GOING TO $30!! GET OUT!!!! I GOT THIS INFORMATION FROM A BANKER. 99% OF SMART MONEY HAS ALREADY OUT FROM CL 3 DAYS AGO
$UWT $DWT $USO Maybe it's time I bring back and "oldie but goodie"...listen to the guy that flies jets...he's right every now and then...;-)
$UWT Does API or EIA even help at this point? This is just trading like last time. Once it flushes and pdt will cut and it will run.
$UWT $DWT $USO Being short overnight is tough call here...time for me to hedge a bit...4/5 hr are too washed out here but that daily YIKES!
$UWT just got in yesterday at 12.70, when is this gonna reverse??? Got out of DWT at a lost couple days ago and now it’s up. WTF
Bullish
$UWT entry 9.60 I don’t need to sell it anytime soon! House you need to come to agreement with what the senate says. - since u took over
Bullish
$UWT nope economy is great Hemp legalization is the big problem time for hemp plastics trillion dollar industry
$UWT Hoping for a bounce so I can start selling some of these. Brent is also falling. We really need a big withdrawal today
$UWT If you believe this "can't" or "shouldn't go lower", I'd advise you look at DGAZ pre-R/S. Ppl buying it at 12, 11, 10, 9 thought so too
$UWT Added another 1000 at 9.70. Holding 8000 shares. Will add more under $46 a barrel but honestly hope I don’t have too
$UWT Oil in free fall. No one even attempting to holdup the bid. Algos manipulate it up in the morning only to reset oscillators. Criminal.
$UWT Bought at 11.50, 10.50, now waiting to see if I get filled at 9.50 🤑. I’ve got nothing but time to wait for the $ to come back in.
$UWT Did oil just become cheaper than water? It might as well be free lol. I went hard in the paint at $10.64. Desc triangle has to break.
$UWT great reading the bashers i wonder how they will be yapping when reversal. yes i am fkn down and hate it but i wouldnt bash u no probs
$UWT laughable i am so UNLUCKY a bad luck chuck just like dgaz a loser in both i hate wall st and the crooked fkrs who steal mms die
$UWT hoping the saudis are bombed and that lying smelly murdering ugly crooked nose saudi price gets his after that murder shameful
$UWT amazing as soon as i bought it dropped a dollar i hate this play it always fkd me b4 and i thought its a screaming but what a bad cal
$UWT i have never bashed anyone who was losing amazing how many ruthless bragging ppl on this page who laugh when u r down amazing
$UWT $60 oil seems like a distant pipe dream now. Will be at least 2 months to get there in most optimistic scenarios
$UWT What a shit show. Good lord. Bid up on volume over two hours and gone with less volume in 4 minutes. MMs own oil right now.
$UWT It's stuff like this which humbly reminds me I know half what I think I know. If you think this is a steal wait till WTI hits $35.
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